4 Stocks Warren Buffett Probably Bought in March
The first quarter may have come to a close, but it's one investors will never forget.
The spread of the coronavirus disease 2019 (COVID-19) has, thus far, led to more than 1 million confirmed cases worldwide and resulted in the deaths of approximately 53,000 people. Furthermore, the U.S. has registered more than double the number of cases of COVID-19 of any other country, making it the epicenter of the outbreak.
As you can imagine, the uncertainty as to how long this respiratory illness will proliferate, and therefore how long stringent mitigation measures will be needed to flatten the curve, has eviscerated the equities market. The 123-year-old Dow Jones Industrial Average wound up logging its worst first quarter ever in the wake of the coronavirus crash. Meanwhile, all three major U.S. indexes plunged into bear market territory faster than in any previous correction of at least 20% from recent highs.
Source Fool.com